Don’t miss out on opportunitie$ all around you! We hear from a variety of manufactured housing professionals, that too many MHPros are under-informed about the multi-billion dollar potential implications of the local, regional or national news we see or hear daily.
So for the next week – 8 days – while Matthew Silver is on a well earned vacation, your Masthead scribe will fill in and give a slightly different take on the popular MHProNews Daily Business News (DBNs). For years, Matthew and Eric Miller before him selected DBN stories geared to be useful in navigating issues or spotting potential useful for opportunity-minded and forward thinking MH Industry professionals.
Step in and solve a problem, while profiting by doing it.
Photo and credit in 4th DBN linked below.
For the DBNs through the balance of August, we’ll spell out the implication of that particular story to industry pros just a bit more. Please email me – tony@mhmsm.com or latonyk@gmail.com – your thoughts and feedback during or after this news test. We hope you’ll find it useful and eye opening. Thank you!
Here are DBN examples from today, to make the point:
> Residential Eye Sores to be Renovated with Federal/Local tax dollars for Affordable Housing
> Affordable Housing Irony – Hundreds on WilCo Waiting List near MH Production Centers
> From Moscow with Love: Lawsuit Advances Against Manufactured Home Community Owner
FYI, this last link is another example of the ‘bad news image campaign,’ we covered a week ago. Let me suggest as well that the “Moscow” story finds potentially profitable solutions in the efforts of forward thinking professionals, see examples below.
Solutions to Challenged MHC Properties, like the one near Moscow…
Some may call this heretical, but I think it is self evident that Sam Landy led UMH, Paul Bradley, Scott Roberts, Brian Fannon, “Frank and Dave” are each among those taking unique paths to make sometimes distressed or struggling MH Communities better.
Scott Roberts is doing that in a previously abandoned and abused MHC, that he and his team at Roberts Resorts are bringing back to life a now beautiful property for residents to call home. Not only do the Roberts Resort team deserve praise, but this is proving successful as a business model.
Brian Fannon is working on a similar scenario, that Matthew Silver outlined in a DBN linked here. Please look for a more detailed story soon on ManufacturedHomeLivingNews.com on this topic!
While many in our industry’s ranks see their choice of lingo as unfortunate, nevertheless we should give credit where it is due; Frank Rolfe and Dave Reynolds are buying and improving the communities they are investing in.
A More In Depth Look at a Solution Oriented Professional
Here’s my take on the latest in our popular A Cup of Coffee with... interview series, specifically an aspect of the the one with Paul Bradley. Among the keen points Paul shared, the first quote below is part of a longer reply about practical ways to boost our industry’s bottom line results:
Implicit in that is fostering a healthy home resale market – helping homebuyers buy existing stock – that is vital to every community owner. We’re doing that through home financing, community marketing and linkages to local retailers and other intermediaries.
In reviewing APAC’s anti-MH professional statement, linked again here, I couldn’t help but think about this following quote from ROC’s Bradley.
“Advocates rattle cages by organizing and leveraging their political capital to level the playing field through regulatory and legal change. To some, a counter to a held position is an enemy, I get that.
To my ear, I actually think there’s more room for mutual understanding and progress than is being worked on. For certain, when people on both sides throw “enemy” around, they’re not on a path to talking about solutions.
That’s power politics and rallying the base – it’s polarizing – and we know where that gets everyone. On the other hand, ROC USA is a developer-type – we understand markets and business and we stay focused on business issues, on getting the job done. We work in the market, preserving MHCs through resident ownership.”
(Editor’s Note: Bold emphasis added above.)
MH News that is Trending!
While it isn’t part of this news test, let’s mention again to the report below, which has been trending as a Read HOT in the Daily Business News.
Industry News, Tips and Views Pros Can Use
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News for some is just entertainment or a distraction. You can certainly read the news for any reason you want, but we believe that a close look at the housing, economic and other news in our nation implicitly points to the value we in manufactured and modular homes provide millions. Stay informed. Teach your team to do the same. Everyone has a role they can play in the industry’s profitable advancement. ##
